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Midori Carbon (XCNQ:MIDO) PB Ratio : 1.82 (As of Apr. 21, 2025)


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What is Midori Carbon PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2025-04-21), Midori Carbon's share price is C$0.02. Midori Carbon's Book Value per Share for the quarter that ended in Oct. 2024 was C$0.01. Hence, Midori Carbon's PB Ratio of today is 1.82.

The historical rank and industry rank for Midori Carbon's PB Ratio or its related term are showing as below:

XCNQ:MIDO' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.82
Current: 1.82

During the past 2 years, Midori Carbon's highest PB Ratio was 1.82. The lowest was 0.00. And the median was 0.00.

XCNQ:MIDO's PB Ratio is ranked worse than
85.97% of 1646 companies
in the Asset Management industry
Industry Median: 0.87 vs XCNQ:MIDO: 1.82

During the past 12 months, Midori Carbon's average Book Value Per Share Growth Rate was -45.00% per year.

Back to Basics: PB Ratio


Midori Carbon PB Ratio Historical Data

The historical data trend for Midori Carbon's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Midori Carbon PB Ratio Chart

Midori Carbon Annual Data
Trend Jan23 Jan24
PB Ratio
- -

Midori Carbon Quarterly Data
Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
PB Ratio Get a 7-Day Free Trial Premium Member Only - - - - 2.27

Competitive Comparison of Midori Carbon's PB Ratio

For the Asset Management subindustry, Midori Carbon's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Midori Carbon's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Midori Carbon's PB Ratio distribution charts can be found below:

* The bar in red indicates where Midori Carbon's PB Ratio falls into.


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Midori Carbon PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Midori Carbon's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Oct. 2024)
=0.02/0.011
=1.82

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Midori Carbon  (XCNQ:MIDO) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Midori Carbon PB Ratio Related Terms

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Midori Carbon Business Description

Traded in Other Exchanges
N/A
Address
1055 Dunsmuir Street, Suite 3104, Four Bentall Centre, Vancouver, BC, CAN, V7X 1G4
Midori Carbon Inc is a carbon credit and carbon asset company, focused on the voluntary carbon credit market. The Company has two reportable operating segment, being: Investments in carbon credit technology companies; and the development and potential commercialization of its own carbon credit trading app.

Midori Carbon Headlines

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